Administration of Will Trusts
Our lawyers can relieve Trustees of the administrative burden associated with their Trust’s affairs
Administration of Will Trusts - What should you consider?
Administering a Will Trust successfully can be time consuming and daunting. Our Trust administration solicitors can help you with your duties as a Trustee or help you look after your Trust correctly.
At Goughs, we have extensive experience in Trust administration ensuring a tax-efficient way to preserve your wealth and provide for future generations
How can we help you with your Will Trust?
Will Trusts are complex and Trustees often struggle to manage their duties meaning they could face claims from beneficiaries. Goughs can help you with:
We're here to help you protect your wealth
Your local Trust administrators since 1882
Popular questions about administering a Will Trust
A Will Trust gives assets to the people you appoint as Trustees to hold for the future benefit of others (the beneficiaries). It is included in your Will and set up on your death. Trusts are often used as a tool for the benefit of Inheritance Tax planning.
Trusts are set up for a number of reasons which include the control and protection of family assets or the financial protection of a person who may be too young to handle their affairs and more.
A Trustee takes legal ownership of the assets held by a trust and assumes fiduciary responsibility for managing those assets and carrying out the purposes of the Trust.
Our specialist legal advisors in Wiltshire have many years experience in Trust administration and acting as a professional Trustee. We will work with you to find the best solution for your needs.
When choosing a Trustee it’s important to understand they are the one who accepts legal responsibility for the assets in the Trust.
Administering a Trust successfully is a complex and time consuming process. Our solicitors at Goughs have the legal experience and knowledge necessary.
Our clients rate us as excellent
Everything was completed professionally and within my tight time scales. I would like to say thank you and would definitely go back to Goughs should I need help in the future.
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Why choose Goughs?
Local since 1882, with an excellent reputation
First-class, effective service
Largest solicitors in Wiltshire
Seven offices throughout the county
Nationally accredited law firm
Recognised by Legal 500 and Chambers & Partners
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